CPXWF vs NGG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CPXWF (Capital Power Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CPXWF offers the higher yield at 4.34%, CPXWF has the higher dividend-safety score, and CPXWF looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: CPXWF vs NGG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Capital Power Corporation (CPXWF) has the higher forward dividend yield at 4.34%, versus 3.80% for National Grid plc (NGG).
- As of Nov 5, 2026, SmarterDividends grades CPXWF's dividend safety B (66/100) and NGG's C (51/100).
- By SmarterDividends' count as of Nov 5, 2026, CPXWF has raised its dividend for 10 consecutive years and NGG for 0.
- As of Nov 5, 2026, CPXWF's fair-value estimate is 24% above its share price and NGG's fair-value estimate is 16% above its share price, so CPXWF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CPXWF vs NGG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cpxwf-vs-ngg
| Metric | CPXWF | NGG |
|---|---|---|
| Forward yield | 4.34% | 3.80% |
| Annual dividend | $2.01 | $3.24 |
| Payout ratio | 532% | 72% |
| Years of growth | 10 yr | 0 yr |
| 5-yr dividend growth | 5.2% | -0.1% |
| 5-yr total return | 52% | 27% |
| Dividend safety score | 66 (B) | 51 (C) |
| Fair value estimate | $57.68 | $100.21 |
| Upside to fair value | +24% | +16% |
| Frequency | quarterly | semiannual |
| Market cap | $7.3B | $86.9B |
| P/E ratio | — | 19.7 |
Higher yield
CPXWF
4.34%
Safer dividend
CPXWF
Grade B
Faster growth
CPXWF
5.2%
Better value
CPXWF
+24% upside
CPXWF vs NGG — FAQ
Is CPXWF or NGG a better dividend stock?
On the data, CPXWF wins more head-to-head categories (6 vs 2). CPXWF offers the higher yield (4.34%), while CPXWF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CPXWF or NGG?
CPXWF has the higher forward dividend yield at 4.34%, versus 3.80% for NGG.
Is CPXWF or NGG safer?
CPXWF has the higher dividend-safety score (66/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is CPXWF or NGG better value right now?
As of Nov 5, 2026, CPXWF looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For NGG, its fair-value estimate is 16% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.